North Brookfield Savings Bank and FamilyFirst Bank merger complete
Updated May 30, 2014 ; Posted May 30, 2014
By The Republican Business Desk
NORTH BROOKFIELD - North Brookfield Savings Bank has completed its merger with FamilyFirst Bank.
The deal, first announced in January, recently became official thanks to approval of the Corporators of North Brookfield Savings Bank, the shareholders of FamilyFirst Bank and the banks' regulators. The combined bank will operate under the name and charter of North Brookfield Savings Bank.
With the addition of former FamilyFirst Bank branches, in Ware, Three Rivers Village of Palmer and East Brookfield, Massachusetts, North Brookfield Savings Bank, based in North Brookfield, MA, now includes seven branches in addition to the Corporate Headquarters located in North Brookfield.
North Brookfield Savings Bank, founded in 1854, is a mutual savings bank. The bank has received the highest Five Star Superior Bank rating from Bauer Financial for 74 consecutive quarters.